After amassing quite an extensive video collection, I have been
forced to slowly replace all my videos with their DVD counterparts.
However, I am happy to do so, since DVD has numerous advantages over
VHS tape, including:

Digital media means no degradation. Ever.

As a consumer that demands movies be released in
widescreen format,
nearly all DVDs come in their original aspect ratio.
Anamorphic (or Enhanced for Widescreen) DVDs are even better!
Just say "no!" to pan-and-scan. (That means you, Sheila!)

I enjoy all the special features DVDs offer, such
as director's commentary, behind the scenes features,
isolated scores, etc. (Unfortunately, this means it can
sometimes take over eight hours to watch everything contained
on some DVDs)

I'm not a big fan of the "snapper" style DVD cases that certain
movies are released in (e.g. The Matrix,
The Road Warrior). There used to be a great web
site out there called DVD Cover Art,
that allowed you download high-resolution DVD cover images (some
were scanned from the actual cases; others were custom covers
created by altruistic PhotoShop artists). Sadly, they were
shut down by Disney morons who felt having downloadable covers
containing their precious Mickey Mouse and Company was a
heinous copyright infringement. Idiots. Anyway, I would take
these high quality images to any print shop (i.e. Kinko's), print
them out on a nice laser printer, and slip them into a spare
"keepsake" style DVD case.
My Current Collection of DVDs